Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The cash cycle is longer than the operating cycle when Select one: a. Inventory period is positive b. Account receivable period is positive c. Account

The cash cycle is longer than the operating cycle when Select one: 


a. Inventory period is positive 


b. Account receivable period is positive 


c. Account payable period is positive 


d. Receivable cannot be positive

Step by Step Solution

3.51 Rating (158 Votes )

There are 3 Steps involved in it

Step: 1

The answer is option B which is Account receivable period is pos... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics An Intuitive Approach with Calculus

Authors: Thomas Nechyba

1st edition

538453257, 978-0538453257

More Books

Students also viewed these Accounting questions

Question

Identify three PESTEL factors that have affected Carlsberg.

Answered: 1 week ago